Report: Navy Pay Bonuses May Be Expendable Now

OTHER NEWS TO NOTE - THE NATION

October 5, 1996

WASHINGTON — The Navy could save nearly $50 million during the next four years by ending $10,000 annual cash bonuses for specially trained officers on nuclear-powered submarines and ships, a congressional report said Friday. The bonuses began in the late 1960s to entice the nuclear-trained officers to stay in the service rather than pursue lucrative offers in a growing civilian nuclear power industry. Now, as the industry declines and the number of civilian jobs in that field drops, the additional pay may be no longer necessary, the Congressional Budget Office said.